
4703, Ocean Heights Tower
Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4703, Ocean Heights Tower
What is 4703 worth today?
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Source: Dubai Land Department. Updated 29 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,618 sqft
- Floor
- 47th of 80
- Parking
- P3-62
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 26,400 /yr
- Last sold
- AED 2M · November 2022
- Building
- Ocean Heights Tower
About 4703, Ocean Heights Tower
4703 is a two-bedroom apartment of 1,618 sqft on the 47th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 29 November 2022 for AED 2,000,000, or AED 1,236 per sqft, in line with the AED 1,222 two-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 10 February 2017, is AED 160,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 26,400 a year.
Sales and rents for 4703 over time
4703 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Ocean Heights Tower, and where 4703 sits
All 203 2-beds →4703 last sold in November 2022 at AED 1,236 per sqft, in line with what two-beds in Ocean Heights Tower were fetching at the time (AED 1,222). Over the last 12 months two-beds sold for AED 1,700,000 to 3,100,000, around AED 1,572 per sqft, and rent for AED 90,000 to 200,000 a year. 4703's AED 160,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jul 20267 July 2026 | 1,358 sqft | 1,800,000 | 1,325 | ||
| 25 Jun 202625 June 2026 | 1,329 sqft | 1,700,000 | 1,279 | ||
| 10 Jun 202610 June 2026 | 692 sqft | 2,000,000 | 2,890 | ||
| 3 Feb 20263 February 2026 | 1,609 sqft | 2,100,000 | 1,305 |
Ocean Heights Tower
Building581 apartments, 1-bed to 5-bed over 80 floors in Dubai Marina, completed in 2010 by DAMAC. 27 sold in the last 12 months.
- Typical price per sqft
- AED 1,609 Up 8.6%
- Typical sale
- AED 2.1M
- Typical rent
- AED 105K /yr
- Typical yield
- 5.7%
Other units on the 47th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4701 | 3-bed | 2,299 sqft | AED 7.05MAED 7,047,000 · Mar 2012March 2012 | 225,000 /yr | |
| 4702 | 2-bed | 1,296 sqft | AED 2.08MAED 2,075,000 · Mar 2024March 2024 | 120,000 /yr | |
| 4704 | 1-bed | 918 sqft | AED 1.3MAED 1,300,000 · May 2013May 2013 | 78,200 /yr | |
| 4705 | 1-bed | 926 sqft | AED 1.09MAED 1,089,650 · Apr 2011April 2011 | 80,000 /yr | |
| 4706 | 2-bed | 1,585 sqft | AED 1.98MAED 1,980,000 · Mar 2011March 2011 | 105,000 /yr | |
| 4707 | 3-bed | 1,673 sqft | AED 3.23MAED 3,232,000 · Dec 2011December 2011 | 163,000 /yr |
4703, Ocean Heights Tower in numbers
- Sold 3 times: first on 8 July 2009 for AED 3,315,840, last on 29 November 2022 for AED 2,000,000 (AED 1,236 per sqft).
- Rented since October 2014 on 3 Ejari contracts, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2022 price is 8.0%, before a service charge of about AED 26,400 a year (AED 16.32 per sqft).
- Two-beds in Ocean Heights Tower sold for AED 1,700,000–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,609 per sqft.
Source: Dubai Land Department. Updated 29 November 2022.
Questions about 4703, Ocean Heights Tower
What did unit 4703 last sell for?
AED 2,000,000 on 29 November 2022: AED 1,236 per sqft for 1,618 sqft. The unit has 3 registered sales; the first was AED 3,315,840 in July 2009.
What is the rent for unit 4703?
AED 160,000 a year on the contract renewed on 10 February 2017. The previous contract, from February 2016, was AED 160,000; the unit has been rented since October 2014.
How big is unit 4703?
1,618 sqft (150.3 sqm): a two-bedroom apartment on the 47th floor of a 80-storey tower completed in 2010.
What is unit 4703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean Heights Tower sold for AED 1,700,000 to 3,100,000 in the last 12 months, around AED 1,572 per sqft.
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Mortgage on 4703, Ocean Heights Tower
Starts from the last sale price (AED 2M, 29 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →